Clifford Chance
Clifford Chance advises Quadriga Capital on the acquisition of Kinetics Germany
10 August 2011
Clifford Chance advises Quadriga Capital on the acquisition of Kinetics Germany
Clifford Chance advised private equity house Quadriga Capital, Frankfurt am Main, on the acquisition of Kinetics Germany GmbH, Eschau-Hobbach (Bavaria), with the management of Kinetics Germany also acquiring a stake. The business was sold by Kinetic Systems, Inc., Fremont/California (USA). The transaction is subject to authorisation by the competent antitrust authorities. The parties have agreed not to disclose any information on the purchase price.
Kinetics Germany offers high purity systems for a broad variety of technical applications. The company employs about 650 people and had a turnover of EUR 100 million.
Quadriga Capital is specialised in management buy-outs and growth financing of medium-sized companies in Germany, neighbouring countries and Russia.
The Clifford Chance team was led by partner Oliver Felsenstein (Private Equity) and included counsel Susanne Langer, senior associate Dr. Leif U. Schrader, associate Dr. Hendrik Röhricht (both Private Equity), senior associates Dr. Heike Weninger (Employment) and Gabriel Siebert (Banking & Capital Markets) – all Frankfurt – as well as partner Marc Besen and associate Dr. Achim Gronemeyer (both Antitrust, Düsseldorf). In addition, lawyers from the Singapore and London offices worked on the transaction.
